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he wasn't happy with the 2012 elections. do you think conservatism just didn't make the case in the elections last november? >> we always have to do a better job at how we speak about liberty, the constitution and how inclusive it is and how it offers things to people who have not yet experienced the fruits of liberty. so i think we can always do a better job. what i will say about jim demint is he has started and brought some liberty-minded libertarian/conservatives to the senate. we have a pretty good caucus now. there's a real strong jim demint influence in our caucus. >> great stuff. senator rand paul, kentucky, thank you sir. all the best. >> thank you. >>> so besides praising jim demint, senator rand paul said something very interesting. he said he will not vote for a filibuster. he said, let larry reid, no filibust filibuster, 51 vote, simple majority and then he will vote no and let the democrats have the onus of the big tax hike. quite interesting. now here's a political threat. is the republicans at risk of becomin
he wasn't happy with the 2012 elections. do you think conservatism just didn't make the case in the elections last november? >> we always have to do a better job at how we speak about liberty, the constitution and how inclusive it is and how it offers things to people who have not yet experienced the fruits of liberty. so i think we can always do a better job. what i will say about jim demint is he has started and brought some liberty-minded libertarian/conservatives to the senate. we...
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. >>> now over to japan, where election timing may spell budget delays. we have the story from tokyo. >> the election campaign has officially kicked off in japan, but there are worries the budget is not likely to be ready pi the end of this year. they will likely call a special session to elect a new prime minister, then select a cabinet before moving on to budget matters. once they reconvene in january, the new government would likely pass the supplementary budget first before submitting its fiscal 2013 plan in february. so a senior lawmaker predicts that the fiscal 2013 budget will not actually pass until mid may. that's more than a month into the new fiscal year. and if the government can't get the job done by the end of march, a provisional budget will be needed. opinion polls show the gap between the ldp and the ruling democratic party has been narrowing. that means if the ldp can't get their majority, these bills could be delayed even more. back to you, ross. >> all right, thanks for that. that's the late fres the nikkei. still to come, the business
. >>> now over to japan, where election timing may spell budget delays. we have the story from tokyo. >> the election campaign has officially kicked off in japan, but there are worries the budget is not likely to be ready pi the end of this year. they will likely call a special session to elect a new prime minister, then select a cabinet before moving on to budget matters. once they reconvene in january, the new government would likely pass the supplementary budget first before...
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we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now stalled at this stage. remember we had the auction in spain yesterday and the yields are slightly higher relative to where we've been, they're still relatively depressed. we talk about the problems in europe, i thought it was worth pointing out amidst all the malaise what is happening in germany today an astounding manufacturing german manufacturing orders result from germany up 3.9% in october, a phenomenal performance from german industry and it's worth bearing in mind that german industry is basically in a single currency that is too low arguably for what it should be at. the deutsche mark would ha
we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now...
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>> you would have to elect romney to do that. you're not going to extend the bush tax cuts for the high end. >> for another minute. >> not even for a milliseconmil. >> the republicans want to bargain away and let taxes go up by the end of the year and have the big negotiations occur next year when the president will want even more increases in taxes. >> let me ask a different question and it's sort of the -- >> and then we got to go. >> here's the opportunity for the president to eclipse the whole thing, i don't think he's going to but he could eclipse the whole scene. let's not relitigate '01 and '03 let's bridge to tax reform and move forward. the senate democrats not answering their phones are the ones to ask about this one. >> congressman, thank you for being on. >>> the final countdown to the jobs report. stick around. ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional valu
>> you would have to elect romney to do that. you're not going to extend the bush tax cuts for the high end. >> for another minute. >> not even for a milliseconmil. >> the republicans want to bargain away and let taxes go up by the end of the year and have the big negotiations occur next year when the president will want even more increases in taxes. >> let me ask a different question and it's sort of the -- >> and then we got to go. >> here's the...
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we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, talking about flat revenue growth in the u.s., and there we think there's a level of cap-ex that has just been foregone because of this public policy uncertainty that, even in a semistable environment, it should rebound a bit. and that could be a big driver for profit growth in '14. >> you point out that your sector positioning, you say it's cautious, but you are upping technology to overweight. underweighting domestic cyclical. if cap-ex is a phenomenon next year why would you not be more highly leveraged to that? >> well, we think that first of all, the numbers, and the valuations, look fully played out. we think they still have housing market euphoria. and, have looked at things like consumer confidence going up, at least until friday, as a result of house prices stabilizing. for us, that's the reason why
we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, talking about flat revenue growth in the u.s., and there we think there's a level of cap-ex that has just been foregone because of this public policy uncertainty that, even in a semistable environment, it should rebound a bit. and that could be a big driver for...
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doing precisely that. >> got through the election on social issues. on the economy, i think it's pretty clear that nobody voted for four more years of the current economy. four more years to get his house in order and he's not going to get his house in order using the red herring of taxes when it's entitlemen entitlements. it just isn't going to work, simon. >> i get it. i'm just pointing out -- >> you know what, let's take jobless claims. >> i get it. >> over the last three days, jobless claims to sustain that renewal again which i think is a bad idea, that's 30 to $35 billion a year. i heard many democrats say that's a small amount, why shouldn't we do that? that's about halfway to the total amount they're talking about taxes. but whent's that, it's small. but when it's the 70 to $80 billion am toortized over ten years, all of a sudden it's big. i'm not saying don't raise taxes. if i signed the pledge, i would do it for good reasons. i haven't seen a good reason. i haven't seen a plan that promotes the big guy in the room. >> see you in the next hou
doing precisely that. >> got through the election on social issues. on the economy, i think it's pretty clear that nobody voted for four more years of the current economy. four more years to get his house in order and he's not going to get his house in order using the red herring of taxes when it's entitlemen entitlements. it just isn't going to work, simon. >> i get it. i'm just pointing out -- >> you know what, let's take jobless claims. >> i get it. >> over the...
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washington voters approved it last month's election so let me throw this at you. there's ground rules here. you have to be over the age of 21. you can have up to an ounce in your possession. no more. and despite seattle's overnight smoke fest, you are not supposed to light up a joint in public. here's a big catch. you still have to go underground to get it. growing and selling pot illegal. at least for now they are. miguel marquez has the story in seattle. miguel? >> reporter: brooke, for pot smokers here in washington state, it is a day for celebration and partying. the legalization of pot. but proponents of this initiative say this is only the first step. this is what you assume the stores will look like? >> yeah. our stores are going to have the feel of a fine cigar shop. >> reporter: jaman was at microsoft and preparing to open as many as two dozen high end marijuana shops in washington and colorado. yesterday he'd be called a drug dealer. today, an entrepreneur. >> our target market is baby boomers. folks tried it in college a couple times, maybe they didn't
washington voters approved it last month's election so let me throw this at you. there's ground rules here. you have to be over the age of 21. you can have up to an ounce in your possession. no more. and despite seattle's overnight smoke fest, you are not supposed to light up a joint in public. here's a big catch. you still have to go underground to get it. growing and selling pot illegal. at least for now they are. miguel marquez has the story in seattle. miguel? >> reporter: brooke, for...
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you understand there was a huge gender gap for democrats in this last elections. republicans have to look at that and say, okay, we have to get something done. but let me add this. when peter hart actually laid out on the table here are the choices you have to make on spending and here are the choices you have to make on taxes, they had a little bit more difficult time in deciding what to do. so they began to realize the extent of the difficulty in cutting any real deal. >> yeah. not belittling the difficulty. these are tough, tough issues. but the stakes are really, really important right now. there is a little wiggle room. >> yeah. >> as far as the president and the democrats are concerned when it comes to raising tax rates for the wealthy. >> sure. the president's been very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot tak
you understand there was a huge gender gap for democrats in this last elections. republicans have to look at that and say, okay, we have to get something done. but let me add this. when peter hart actually laid out on the table here are the choices you have to make on spending and here are the choices you have to make on taxes, they had a little bit more difficult time in deciding what to do. so they began to realize the extent of the difficulty in cutting any real deal. >> yeah. not...
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these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its support for the unions opposing right to work legislation. one of a white house official put out a statement today, matt lairic, saying in part, let me find the statement, president obama has long opposed so-called right to work laws and he continues to oppose them now. the president believes our economy is stronger when workers get good wages and good benefits. and he opposes attempts to -- he opposes attempts that -- can we change the graphic? >> it is up on the screen. >> he opposes the -- roll back their rights. michigan and its workers' role in the revival of the u.s. automobile industry is a prime example of how unions have helped build a strong middle class and stro
these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its support for the unions opposing right to work legislation. one of a white house official put out a...
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the american people re-elected him and they re-elected us. that's not a mandate to raise taxes. that's what house speaker john boehner told fellow republicans during a weekly meeting, signaling he will push back on president obama's demand for tax hikes on the rich when it comes to the fiscal cliff. but treasury secretary timothy geithner says the white house will not give in. >> no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember it's only 2%. >> geithner adds the obama administration is, quote, absolutely prepared to go off the cliff, if necessary. joining me now is van jones, cnn contributor and former obama administration official. good morning. >> god morning to you. >> so, van, i guess my first question that's eatsy for geithner to say, we're perfectly willing to go off the fiscal cliff. that means a tax hike on middle class americans and maybe some of them are thinking this morning i'm not really so happy geithner said that. >> it might have been inartful for him to say it the way he said it. i think he
the american people re-elected him and they re-elected us. that's not a mandate to raise taxes. that's what house speaker john boehner told fellow republicans during a weekly meeting, signaling he will push back on president obama's demand for tax hikes on the rich when it comes to the fiscal cliff. but treasury secretary timothy geithner says the white house will not give in. >> no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest...
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he just won this election. it's not like the debt ceiling debacle in 2011 went over well with the american public. the american public was disgusted by it, it was brinks manship that people did not like to see, in a recession, they thought it endangered the economy, republicans also know that if you look at the polls and they look at the polls, that the public would blame them if we go over the fiscal cliff by a 2 to 1 margin. so i would say that right now, and i think even republicans would stipulate this, wolf. the president has the leverage here, i mean, republicans also know that if they were to go over the cliff that the tax cuts on the wealthy would increase. you could come back and undue the tax cuts on the middle class expiring. but the president's in a pretty good bargaining position here, which is why you see him sort of hold firm. >> what leverage do the republicans have? >> well, look, i think it -- they understand that for some liberals going over the cliff is okay, because liberals say, you know w
he just won this election. it's not like the debt ceiling debacle in 2011 went over well with the american public. the american public was disgusted by it, it was brinks manship that people did not like to see, in a recession, they thought it endangered the economy, republicans also know that if you look at the polls and they look at the polls, that the public would blame them if we go over the fiscal cliff by a 2 to 1 margin. so i would say that right now, and i think even republicans would...
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i mean, i won the election. i had the leverage. why give in? well, simply put, i felt sorry for this man. >> all right. speculation is in full swing over the president's choices to fill his cabinet for the second term. among the position it's true. this is emily schmidt looking atted leading contenders and the potential challenges they face. >> reporter: a late november white house photo op. >> this is a wonderful opportunity for me to meet with my full cabinet. >> maybe the last grims of this picture, an eminent cabinet shuffle is expected. >> the president has got a lot of very, very good people to choose from. he wants to put together a team especially in international affairs, a team overall that going into a second term does not look like a second team, does not look like a group of second stringers. >> the likely short list to succeed secretary of state hillary clinton is politically charged. susan rice is thought to be a leading contenders, but some republicans were highly critical of rice following the aattack on the u.s. consulate in l
i mean, i won the election. i had the leverage. why give in? well, simply put, i felt sorry for this man. >> all right. speculation is in full swing over the president's choices to fill his cabinet for the second term. among the position it's true. this is emily schmidt looking atted leading contenders and the potential challenges they face. >> reporter: a late november white house photo op. >> this is a wonderful opportunity for me to meet with my full cabinet. >> maybe...
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. >>> well, in one corner, the man who lost the presidential election and the other, the man who got knocked out this weekend. the behind the scenes fight night meeting between mitt romney and manny pacquiao. that's next. stay with us. santa! want to see some magic? watch this! merry chr... (crash) ow! i landed on my keys. did you get that? oh yeah. that was amazing. here you go. that was a fun trick! see? santa's okay. walk it off santa. share videos instantly with s-beam. on the galaxy siii and note ii. for a limited time get two flip covers for the price of one. exclusively at verizon. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? i have obligations. cute tobligations,
. >>> well, in one corner, the man who lost the presidential election and the other, the man who got knocked out this weekend. the behind the scenes fight night meeting between mitt romney and manny pacquiao. that's next. stay with us. santa! want to see some magic? watch this! merry chr... (crash) ow! i landed on my keys. did you get that? oh yeah. that was amazing. here you go. that was a fun trick! see? santa's okay. walk it off santa. share videos instantly with s-beam. on the...
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if our elected leaders don't do something about that looming fiscal cliff. and that is just the beginning. big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >>> welcome back. 16 minutes past the hour. no one can be sure if the white house and congress will steer the country away from that so called fiscal cliff, which now is just 24 days away. but it's probably a good idea for you and your family to be prepared just in case. earlier, i spoke with stephanie rule of bloomberg tv about what could happen if the deal is not reached. >> people talk about the cliff like it's this major event, which it is. but almost like a y2k. from a paycheck perspective, you will see less money in your paycheck if we do fall off
if our elected leaders don't do something about that looming fiscal cliff. and that is just the beginning. big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn...
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she noted that the 2012 election had just ended. she didn't rule out the possibility of a senate run in the future. let's see if she's interested. >> that's absolutely right. >>> "erin burnett outfront" starts at the top of the hour. erin, we hear you've arranged quite the debate over whether republicans should compromise on taxes. give us a preview. >> we are going to have both sides of that. grover norquist, of course, already our guest. he's going to say, we shouldn't have tax increases in this country no matter what, no matter how, no way. then we'll have republican tom cole on, who broke ranks with the republican party, who says, let's extend the bush tax cuts for people making under $250,000 a year and do the rest of it later. something sort of like what the president had put forth. so both of those sides tonight. and then we'll talk about the movie "zero dark 30," already getting oscar buzz, about the raid and capture of osama bin laden. there was all of this concern about whether there was classified information that was lin
she noted that the 2012 election had just ended. she didn't rule out the possibility of a senate run in the future. let's see if she's interested. >> that's absolutely right. >>> "erin burnett outfront" starts at the top of the hour. erin, we hear you've arranged quite the debate over whether republicans should compromise on taxes. give us a preview. >> we are going to have both sides of that. grover norquist, of course, already our guest. he's going to say, we...
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another reason might be the presidential elections in south korea, which are december 19th. maybe they want to influence or disrupt them. the third is the traditional north korea action to get attention. here we are. we've been out of the headlines, middle east, gaza, rockets there, we're back. and this is what we're capable of doing. those are the three potential reasons that i see. one most likely being kim jun jung-il. he wants to show his people that he governs a powerful nation that wants to show it's nation. >> he is approaching, as chris said, the first anniversary of his rule. how should the international community react when this launch takes place, assuming it's successful. >> i would say the launch will happen. obviously, it's a test of missile technology. the international community, the security council, will invoke more sanctions, the united states and south korea will pursue individual sanctions, it's an act of defiance, but i have said before on your program, that there is something about this guy that may be educated in the united states, educated in switzer
another reason might be the presidential elections in south korea, which are december 19th. maybe they want to influence or disrupt them. the third is the traditional north korea action to get attention. here we are. we've been out of the headlines, middle east, gaza, rockets there, we're back. and this is what we're capable of doing. those are the three potential reasons that i see. one most likely being kim jun jung-il. he wants to show his people that he governs a powerful nation that wants...
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to cut crime or save an election? what we do know is the money was spread out on chicago's south and southwest sides. the idea? get communities involved to stop the violence. >> nri! nri! >> how? on this chilly afternoon teenagers across chicago's south side are paid to hand out flyers, and spread a message of nonviolence. the nri is credited with creating about 3,500 temporary jobs, mentoring youth and parents, providing re-entry services and counseling in schools, but our four-month investigation found the jobs not only included handing out those flyers, but also attending yoga class, taking museum field trips, even marching with the governor in a parade. the jobs are now gone. cnn has taken an extensive look at where the money went, what it did, and most importantly, the timing of how the program was rolled out. the neighborhood recovery initiative began sending money to tough neighborhoods in the city of chicago right before chicago voters went to the polls. according to these minutes from a state meeting, a membe
to cut crime or save an election? what we do know is the money was spread out on chicago's south and southwest sides. the idea? get communities involved to stop the violence. >> nri! nri! >> how? on this chilly afternoon teenagers across chicago's south side are paid to hand out flyers, and spread a message of nonviolence. the nri is credited with creating about 3,500 temporary jobs, mentoring youth and parents, providing re-entry services and counseling in schools, but our...
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which got him elected after all. saying, this is my wish list, this is in a perfect world, this is what i would do. i don't think anyone at the white house expected the republicans to say, oh, thank you mr. president, yes, this looks lovely. let's go on and work on a deal. no, that's not what it was. the white house -- this is alfonse gaston a little bit here. and so they're waiting for the republican response. and what they're really talking about, brooke, is getting some kind of a first step. a down payment. ironically they all know what -- in the big picture needs to be done. they know you have to fix entitlements, do something on the tax side, but they're trying to figure out how to get from here to there. >> and let's just stop there, because let's say the white house now presented a here. how long do we have to wait for the republicans to come forward with the there? >> well, i think what we're going to end up with probably is a smaller here that gets us to something that they're going to need to work on in the
which got him elected after all. saying, this is my wish list, this is in a perfect world, this is what i would do. i don't think anyone at the white house expected the republicans to say, oh, thank you mr. president, yes, this looks lovely. let's go on and work on a deal. no, that's not what it was. the white house -- this is alfonse gaston a little bit here. and so they're waiting for the republican response. and what they're really talking about, brooke, is getting some kind of a first step....
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that's break from partisan politics. >> at this exact moment when we are all so tired from the election, you can see a little break in the action. i think that adds to the momentousness of the evening. >> reporter: david letterman joked on his show that kennedy center nominees receive an adjustable mattress and a new car. that may have been a punchline but they do receive the chance to nominate potential future honorees. elmly schmidt, cnn, washington. >>> well, cnn newsroom with don lemon is coming up in a few minutes. you have talks and tons of stuff going on. >> we are going to have a political conversation on the pending fiscal cliff and why can't we all just get along. elsie granderson is going to weigh in. also, lots of people have seen this picture. the new york city police officer giving a homeless man boots, but i talked to our human expert whether we are supposed to be naughty or nice this holiday season. >>> and the nfl players, some nfl players, are they taking swrrks viagra as a sports performance enhancing drugs? >>> and you have to see my icon with legend pat boon who tal
that's break from partisan politics. >> at this exact moment when we are all so tired from the election, you can see a little break in the action. i think that adds to the momentousness of the evening. >> reporter: david letterman joked on his show that kennedy center nominees receive an adjustable mattress and a new car. that may have been a punchline but they do receive the chance to nominate potential future honorees. elmly schmidt, cnn, washington. >>> well, cnn...
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>> this was ryan's first speech since the election. both he and rubio seemed to be talking about how the republican party needs to be a party that's more inclusive, helping those in the lower associatio economic levels to rise up and prove their standing. both of them, ryan specifically talked about how he was proud of the campaign and that he mitt romney ran this past year. both men seemed to be critical of romney's controversial comments that 47% of the nation is beholding of the government and feels that the government is responsible to take care of them. take a listen to what both men said. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of that trap. we must speak to the aspirations and the anxieties of every american. >> i've heard it suggested that the problem is that the american people have changed. too many people want things from government. but i'm still convinced that the overwhelming majority of our people, they just want what my parents ha
>> this was ryan's first speech since the election. both he and rubio seemed to be talking about how the republican party needs to be a party that's more inclusive, helping those in the lower associatio economic levels to rise up and prove their standing. both of them, ryan specifically talked about how he was proud of the campaign and that he mitt romney ran this past year. both men seemed to be critical of romney's controversial comments that 47% of the nation is beholding of the...
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on friday, we'll get our first post election look at how many jobs are being created. and the early forecasts are not good. cnn money forecasts just 77,000 net jobs created in november. that's far fewer than the 171,000 that were added in october. a lot happened last month. superstorm sandy, labor turmoil at hostess and business uncertainty because our elected officials won't get their act together and deal with the fiscal cliff. brace yourself for a job number that could be even lower than the already weak forecast. i hope i am wrong about that. from the cnn money newsroom in new york, i'm ali velshi. that's it from me. same time tomorrow. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. plays a key role throughout our lives. one a day men's 50+
on friday, we'll get our first post election look at how many jobs are being created. and the early forecasts are not good. cnn money forecasts just 77,000 net jobs created in november. that's far fewer than the 171,000 that were added in october. a lot happened last month. superstorm sandy, labor turmoil at hostess and business uncertainty because our elected officials won't get their act together and deal with the fiscal cliff. brace yourself for a job number that could be even lower than the...
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Dec 10, 2012
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and they were very instrumental in helping him get elected and re-elected. >> reporter: that's right. the election results tell the story. president obama won the union vote handily. nationwide, he won 58% of the union vote. compared to governor romney who got 40%. and unions also contributed heavily to donations and get out the vote efforts. $143 million they gave overall in the 2012 campaign to general candidates and elections in general. only 4% went to republicans. the rest went to democrats and outside spending groups. so you can see the impact they had across the board it and, wolf, while michigan wouldn't be the first state to pass right to work laws, in fact, 23 other states already have right to work laws. so tomorrow michigan could become the 24th state to have one. as the birthplace for the organized labor movement in the u.s., passage for this law in michigan would be a body blow to the labor movement in the u.s., wolf. >> certainly would be. thanks very much for that, jessica. >>> the president's due back here in washington just in a little while from michigan. his focus
and they were very instrumental in helping him get elected and re-elected. >> reporter: that's right. the election results tell the story. president obama won the union vote handily. nationwide, he won 58% of the union vote. compared to governor romney who got 40%. and unions also contributed heavily to donations and get out the vote efforts. $143 million they gave overall in the 2012 campaign to general candidates and elections in general. only 4% went to republicans. the rest went to...
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Dec 4, 2012
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you won't see al elects rodriguez taking grounders in spring training. the yankees say a-rod will have surgery next month on his left hip. he's expected to be out four to six months. as you well know, a-rod turns 38 next year and is currently owed $114 million through the 2017 season. a-rod's surgery will be similar to one he had on his other hip. >>> and hockey fans get thrown out for throwing stuff on the ice but not at the calgary hit men's annual teddy bear toss. when they score their first goal, fans tossed out more than 21,000 teddy bears onto the ice. it took 45 minutes to pick all that stuff up. the stuffed animals were given to needy kids with the players helping to hand them out. that's awesome. and that's a look at sports this morning. >>> the next hour of cnn "newsroom" starts right now. >>> stories we're watching right now in the "newsroom." drone debate. iran says it has another u.s. unmanned aircraft and it says we shall trample on the united states. >>> she was shot and killed by an nfl player before he turned the gun on himself. now some
you won't see al elects rodriguez taking grounders in spring training. the yankees say a-rod will have surgery next month on his left hip. he's expected to be out four to six months. as you well know, a-rod turns 38 next year and is currently owed $114 million through the 2017 season. a-rod's surgery will be similar to one he had on his other hip. >>> and hockey fans get thrown out for throwing stuff on the ice but not at the calgary hit men's annual teddy bear toss. when they score...
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Dec 3, 2012
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now they know the results of the election. but their positions sure haven't changed much. >> john, thanks very much. >>> a royal celebration tempered by a health scare. prince william's wife pregnant and now in the hospital. we'll have details of her condition. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. trying to find a better job
now they know the results of the election. but their positions sure haven't changed much. >> john, thanks very much. >>> a royal celebration tempered by a health scare. prince william's wife pregnant and now in the hospital. we'll have details of her condition. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you...
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Dec 5, 2012
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president bush got 44% when he won re-election back in 2004. do you think he could have made a difference? would he have made a difference for mitt romney if he had stepped in earlier in the debate and said, look, you know what, i believe mitt romney supports latino community and here is why? >> no, and i don't think he should have. look, suzanne, let's face it. mitt romney dug his own hole, and he is now laying in his own grave. i think, you know, for president bush it was important, and i haven't spoken to him, but i just, you know, knowing the bushes, they don't get into the fray of other people's politics, and they defer to that nominee. they defer to that candidate when it is his turn to be the candidate, but i think this issue is just important to them. it's been important to them their entire life. he has had, you know, great relationships with hispanics across texas and also across the nation. it is true, as i said to you, for the entire bush family. it's something they've always embraced diversity and seen the positive in immigration a
president bush got 44% when he won re-election back in 2004. do you think he could have made a difference? would he have made a difference for mitt romney if he had stepped in earlier in the debate and said, look, you know what, i believe mitt romney supports latino community and here is why? >> no, and i don't think he should have. look, suzanne, let's face it. mitt romney dug his own hole, and he is now laying in his own grave. i think, you know, for president bush it was important, and...
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Dec 7, 2012
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then there was an initiative put on the ballot, proposition 8, california voted in a close election to overturn same sex marriage. same sex marriage was banned after it was briefly legal. the federal district court had a trial there, and said that law, proposition 8, banning same sex marriage, is unconstitutional. that was affirmed on appeal, that is now appealed to the supreme court and they will now decide whether proposition 8 is constitutional or not. >> when we talk about this as being a historical sort of review, clearly there were different laws passed at the state level. so now it is really up to the federal government to kind of step in and say, okay, this is where we have to come together on our thinking. >> it is up to the united states supreme court. not the federal government. the federal government, the last word they have is the defense of marriage act. and what makes this so significant is that the supreme court has not really engaged with the issue of -- of gay rights since 2003. nine years. that's a long time. the country has changed dramatically in those nine years.
then there was an initiative put on the ballot, proposition 8, california voted in a close election to overturn same sex marriage. same sex marriage was banned after it was briefly legal. the federal district court had a trial there, and said that law, proposition 8, banning same sex marriage, is unconstitutional. that was affirmed on appeal, that is now appealed to the supreme court and they will now decide whether proposition 8 is constitutional or not. >> when we talk about this as...
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. >> and this man, i did not realize we elected vampire to the senate. >> we didn't. this is william henry harrison. john tyler, 10th president had the most children, would you like to guess how many. >> 425. >> 14. >> 14. all right. who is this? >> our 18th president you lisses s grant. >> what does the s stand for. >> that's a great question. >> thank you. >> this doesn't seem fair. why does fdr get to sit down. >> i can lick him. >> you cannot. >> we're wearing almost the compaq same suit and tie t would be like licking myself. >> something i've also dreamed of doing. >> that i don't mind but not ronald reagan. >> i don't mind it either but all the hot-- isn't bringing that around. all right. i'm from the future. got to get out. >> can i lick him. >> no, please don't. >> why, you seem pretty up set just now. before you said no, now you seem up set. >> i'm getting up set. >> you're getting up set. why, why is this one so special, why does it up set you to ask if i can lick lincoln. >> you can't lick any of our wax figures. >> but this is the one that somehow broke t
. >> and this man, i did not realize we elected vampire to the senate. >> we didn't. this is william henry harrison. john tyler, 10th president had the most children, would you like to guess how many. >> 425. >> 14. >> 14. all right. who is this? >> our 18th president you lisses s grant. >> what does the s stand for. >> that's a great question. >> thank you. >> this doesn't seem fair. why does fdr get to sit down. >> i can lick...
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caller: i think we have to bend a lot because he won the election. but we are spending where we do not have money. yes, we have to bend it. i am truly a republican. i believe in our philosophy. most of the time, now 100%. i vote republican because they believe we should work for a living and not be handed out. if president obama thinks he deserves 100%, he is so wrong. he is not american. he is just not for us. it is always funny to me. i listen to you and you are great. when i listen to you, i think you the more to the left. it is amazing how i can think you lean left and democrats think you link to the right. i love you anyway. you are great. host: thank you for the call. we want to hear from both sides on all of the issues we bring up. a few other stores we want to point out this morning. the chicago tribune has this story. one other story, i want to point out some of for mentioned above the inauguration coming out. this from "the washington post." that is some information about the inauguration in january. we have a few minutes left in this segme
caller: i think we have to bend a lot because he won the election. but we are spending where we do not have money. yes, we have to bend it. i am truly a republican. i believe in our philosophy. most of the time, now 100%. i vote republican because they believe we should work for a living and not be handed out. if president obama thinks he deserves 100%, he is so wrong. he is not american. he is just not for us. it is always funny to me. i listen to you and you are great. when i listen to you, i...
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after all, this was a central question in the election. a clear majority of americans -- democrats, republicans and independents -- agreed with a balanced approach that asks something from everyone, but a little more from those who can most afford it. it's the only way to put our economy on a sustainable path without asking even more from the middle class. and it's the only kind of plan i'm willing to sign. everyone agrees we need to bring down our deficit and strengthen our economy for the long-term. the question is whether we can do it in a responsible way that allows us to keep investing in the things that have always made america strong. i'm convinced we can. and if both sides are willing to compromise, i believe we can give businesses and families a sense of security going into the new year. thanks, and have a great weekend. >> hello, i'm marco rubio. i have the honor of representing florida in the united states senate, and the privilege of addressing you today on behalf of my fellow republicans. our middle class has made america diff
after all, this was a central question in the election. a clear majority of americans -- democrats, republicans and independents -- agreed with a balanced approach that asks something from everyone, but a little more from those who can most afford it. it's the only way to put our economy on a sustainable path without asking even more from the middle class. and it's the only kind of plan i'm willing to sign. everyone agrees we need to bring down our deficit and strengthen our economy for the...
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Dec 8, 2012
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in the 2010 election cycle, he was one of the strongest voices is he h would a lost our way that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on america, jim undstands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i think we put south carolina on the map in different ways at different times, and to people back in south carolina, i hope if you get to see jim anytime soon, just say "thank you." because whether you agree with him or not, he was doing wt he thought was best for south carolina and the united states. at the end of the day, that's as good as it gets. because if you're doing what you really believe in and you're not worried about being the most popular and people getting mad ought, then
in the 2010 election cycle, he was one of the strongest voices is he h would a lost our way that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on america, jim undstands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector....
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just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing administration have been well-known. during the housing boom, the f.h.a. unweissly, i thought, guaranteed -- unwisely, i thought, guaranteed millions of risky mortgages with low down payments to borrowers with poor credit scores. we are reaping that now. these mortgages have resulted in billions of losses to the f.h.a. the federal housing administration has made matters worse, i think, by failing to come to grips with the magnitude, mr. secretary, of the problems. back in 2007, as the federal housing administration's poor financial position was becoming clear to
just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing...
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when you invest all your options into an election and you are convinced you are going to win that election and that is based on your view of social policy and you lose to a guy that many feel has not earned the trust and re-election of the american people because he made many promises that he didn't come close to meeting the obligations of. but still the american people voted him back in power. it is okay to listen to people. you do not want the republican party to be prevalent. you need to hold the democrats accountable. boehner is showing tough leadership. new ways to compromise and to work with this president. host: so the freedom works. there was a statement about running people against republicans in the house who may compromise. grover norquist has been outspoken. is the right anger with the gop leadership fair? guest: we see that in both parties. sometimes we cannot understand all the pieces to see what is at stake. what boehner is showing is wisdom. he is thing about the party and the country of the future. do you think the speaker of the house would do something to destroy his bas
when you invest all your options into an election and you are convinced you are going to win that election and that is based on your view of social policy and you lose to a guy that many feel has not earned the trust and re-election of the american people because he made many promises that he didn't come close to meeting the obligations of. but still the american people voted him back in power. it is okay to listen to people. you do not want the republican party to be prevalent. you need to...
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the president could not be more clear 3 the election. elections data. we -- the president could not have been more clear during the election. we picked up seats. we are willing to do spending cuts. how we do that should be discussed. we need some of the revenues. there is no laugh that at up that gets us to dealing with the deficit and potentially paying down the debt and putting ourselves on a sustainable path going forward. we should do all those things and we should face them. we have been challenges going forward. it is a difference of opinion between republicans and democrats about how we get there. >> the administration absolutely was willing to let the entire tax cut expire rather than agree to anything that would extend the bush era tax rates. does the house have a position -- to the house democrats have a position on that? is that a uniform position? >> we are with the president on where we stand on this. we think the revenue from the top 2% is a marginal rates. every american is going to get a tax break on the first $250,000 of their income. t
the president could not be more clear 3 the election. elections data. we -- the president could not have been more clear during the election. we picked up seats. we are willing to do spending cuts. how we do that should be discussed. we need some of the revenues. there is no laugh that at up that gets us to dealing with the deficit and potentially paying down the debt and putting ourselves on a sustainable path going forward. we should do all those things and we should face them. we have been...
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Dec 9, 2012
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it would take the wealth out of the election and it would make elections less expensive. it would be something you could apply to the dead or given back to the government to that 50%. it would fund some of these programs. guest: that's an idea i have not heard of but it would be an interesting proposal, especially the idea that there would open up the tax code and there aren't there -- there are different codes in the irs of there would have to be legislative action. that could be an interesting twist to find revenue. host: our next caller is mark from san diego. good morning. go ahead, mark. caller: vision are really blame the president for all these problems because the walked into it. he's doing a good job. he does need to let him do what he does and it will be all right. host: politico as information on who benefited most. any information? guest: where bogus. what is going happen next in the future. host: speaking of profits, who is profiting on the discussion of the debt ceiling in the fiscal cliff? guest: p.r. firms, law firms, lobbyists. they're trying to make this
it would take the wealth out of the election and it would make elections less expensive. it would be something you could apply to the dead or given back to the government to that 50%. it would fund some of these programs. guest: that's an idea i have not heard of but it would be an interesting proposal, especially the idea that there would open up the tax code and there aren't there -- there are different codes in the irs of there would have to be legislative action. that could be an...
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it would be nice to extend it at the next presidential election. it would be nicer to get rid of it altogether. it is anachronistic law that is a problem. it creates a great deal of uncertainty. as you can see, it can do a lot of damage to the economy. there are a lot of reasons why it is being considered to eliminate that ceiling. it should be carefully considered. at the very minimum, we should push this to the other side of the election. we do not want to address the debt ceiling on a regular basis. it is damaging confidence. on fiscal sustainability, we need deficit reduction in the next 10 years of about $3 trillion. to get there, a balanced approach would be $1.4 trillion in tax revenue. half of that would come through tax reform and the other half through higher tax rates. $1.2 trillion in cuts to programs -- medicare and medicaid, social security, and other budget items -- that would leave you with approximately $400 billion in interest savings. at all of that together and you get $3 trillion. the spending cuts were implemented as part of t
it would be nice to extend it at the next presidential election. it would be nicer to get rid of it altogether. it is anachronistic law that is a problem. it creates a great deal of uncertainty. as you can see, it can do a lot of damage to the economy. there are a lot of reasons why it is being considered to eliminate that ceiling. it should be carefully considered. at the very minimum, we should push this to the other side of the election. we do not want to address the debt ceiling on a...
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as an elected official. i think these things which are tied specifically to benefits that people can see and can grab onto, are much easier to do, and that there is some opportunity in this debate to do that. >> can i make a quick point, based on research, which is are people willing to pay higher taxes to reduce the deficit? it turns out that overall people are with one areif, if they feel certain it will go to reduce the deficit. there is a little trust that revenues that go to washington will be used there instead of new spending or broken spending programs. the lessons we look from that/ you need to find ways to dedicate the revenue projections and have enforcement mechanisms to make sure that any plan, all this proposal stay on track and are used for what they are intended to do, because there's not much trust if what you are linking it to is reducing the deficit. >> you can continue to what's this event online at c-span.org. we are leaving now as the house is gambling in for what will likely be a short
as an elected official. i think these things which are tied specifically to benefits that people can see and can grab onto, are much easier to do, and that there is some opportunity in this debate to do that. >> can i make a quick point, based on research, which is are people willing to pay higher taxes to reduce the deficit? it turns out that overall people are with one areif, if they feel certain it will go to reduce the deficit. there is a little trust that revenues that go to...
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election. which is we are going to put revenue on the table. that is an enormous step forward by the republicans. not something we want to do but something we recognize we have to do to get there. i think the proposal to rex us toward where the real problems are which is entitlement spending. we cannot solve this with just revenue. while we like the paul ryan budget, the speaker basically picked up elements of some of the proposal from erskine bowles in an effort to try to reach forward. i think the speaker should be given a lot of credit for a great opening position. host: so, loopholes and deductions that. does that violate the pledge to not raise taxes? guest: i don't think so. i think keeping tax rate with a r is the real question. you can increase revenue without increasing tax rates. honestly, just a more efficient system redistributing investments toward things that generate economic growth. that is something that paul ryan has been a leading advocate of. yeah, i think this is a really s
election. which is we are going to put revenue on the table. that is an enormous step forward by the republicans. not something we want to do but something we recognize we have to do to get there. i think the proposal to rex us toward where the real problems are which is entitlement spending. we cannot solve this with just revenue. while we like the paul ryan budget, the speaker basically picked up elements of some of the proposal from erskine bowles in an effort to try to reach forward. i...
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others were not elected. there is a growing number he thinks he can do this, and that is why a lot of republicans have moved toward the simpson-bowles type of tax reform plan when you are lowering rates, but be able to raise revenues by broadening we will see how things move forward. host: here is the headline. there remain pessimistic about a deal that dated back on the 28. forward. here is a piece speaking in washington. [video clip] >> i think you will see economic growth slowed by as much as 3% to 5%. it will throw another 2 million people out of work. unemployment will go to 9%. i think it is about a third that will go over the cliff. people will go there very quickly for lots of different reasons. you will see the numbers in the fourth quarter. i think the real problem is if we do not get a deal right away. that will lead to chaos. host: chaos he says. guest: i think it is a fair assessment to say there is a chance we might go off the cliff. if we do, it is not for a long cliff. i am a little more optim
others were not elected. there is a growing number he thinks he can do this, and that is why a lot of republicans have moved toward the simpson-bowles type of tax reform plan when you are lowering rates, but be able to raise revenues by broadening we will see how things move forward. host: here is the headline. there remain pessimistic about a deal that dated back on the 28. forward. here is a piece speaking in washington. [video clip] >> i think you will see economic growth slowed by as...
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they re-elected the president. the president ran on an agenda of giving a tax break to 98% of the american people, and that opportunity is before us. the senate has worked their will. it's now our opportunity to do that before the holiday season is over. the expression time is fleeting has never been more apropos than it is today. we have very few working days left in this 112th congress to actually act upon what the american people want us to do, and we have even fewer days now that the house republican leadership has reduced the working days this week. we can still get this done, but it's going to take an effort to work, as i said before, as the american people want us to do in a bipartisan way to move forward. and i know that we have the opportunity to really accept the agenda straight today, and with that i'll turn it back to the chair, mr. larson. >> well, thank you, joe, and without further ado let me introduce the individual that's spear heading this effort from the great state of minnesota, tim walz, affect
they re-elected the president. the president ran on an agenda of giving a tax break to 98% of the american people, and that opportunity is before us. the senate has worked their will. it's now our opportunity to do that before the holiday season is over. the expression time is fleeting has never been more apropos than it is today. we have very few working days left in this 112th congress to actually act upon what the american people want us to do, and we have even fewer days now that the house...
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it's disposed more than 700 of obsolete dare elect gear which -- dire elect gear which has lost marketable lobster and saves up to $792 million in damages to boat propelers from direlect fishing gear. if that isn't enough, the energy from them recycles gear. it doesn't cost the fishermen anything to dispose of this gear and that's why it's such a successful program. this small federal investment results in huge cost savings. marine debris is much larger and a growing problem. with disasters in japan last year and the recent storms like sandy, cleaning up debrises requires both resources and coordination between agencies and states. while i commend the bipartisan support and leadership of my colleagues to get this bill to the president, i'm disappointed that the program's authorization has not been extended. i will continue to work for permanent re-authorization of the marine debris program because it is a critical for program development in coastal communities. i urge my colleagues to support this bill which has bipartisan, bicameral compromise. i thank chairman mica, chairman hastings and
it's disposed more than 700 of obsolete dare elect gear which -- dire elect gear which has lost marketable lobster and saves up to $792 million in damages to boat propelers from direlect fishing gear. if that isn't enough, the energy from them recycles gear. it doesn't cost the fishermen anything to dispose of this gear and that's why it's such a successful program. this small federal investment results in huge cost savings. marine debris is much larger and a growing problem. with disasters in...